Must See!! - 6 Day Nassau County Fine Dining Restaurant - Gross $3.2MM
Business Description
6 Day Fine Dining Restaurant – $3.1M+ in Annual Sales | Prime Growth Opportunity
An exciting opportunity to acquire a high-volume fine dining restaurant that has quickly established itself as a premier destination. In its first year, the restaurant broke even, and it is now moving forward into positive cash flow territory.
Anyone in the industry understands that in the first year, cost of goods and payroll tend to run high. With this location now stabilized and operational efficiencies identified, the business is positioned to generate strong profitability under the right ownership.
Key Upside:
Gross sales already exceed $3.1M annually @ 6 days a week and are continuing to grow.
Streamlining operations, including reducing one of two cooks (not both required), will add approximately $130K to annual cash flow.
Reversing credit card merchant charges to the customer (now common practice across the industry) will add another $70K+ annually to cash flow.
With a hands-on, experienced operator, proper cost controls, and modest expense adjustments, this business has the potential to net $300K+ annually.
Favorable low rent compared to revenue.
Current owners have invested heavily into the FF&E, making this a fully turnkey operation ready for a new owner.
Financing:
Due to the financial history, this opportunity is not bankable, so a buyer will need to be self-funded. However, the seller is open to seller financing, depending on the offer and qualifications of the buyer.
Ideal Buyer:
This opportunity is best suited for an experienced, hands-on operator or hospitality group looking for a flagship fine dining restaurant with significant upside.
Highlights:
$3.1M+ in current annual sales and growing
Fine dining concept with established reputation
Strong team in place, with room for labor optimization
Significant investment in FF&E – turnkey setup
Prime location with favorable lease terms
Proven model now entering profitable phase
This is a rare chance to step into a high-grossing, fully equipped fine dining restaurant with tremendous upside. An experienced operator will recognize the value and the clear path to substantial profitability.
An exciting opportunity to acquire a high-volume fine dining restaurant that has quickly established itself as a premier destination. In its first year, the restaurant broke even, and it is now moving forward into positive cash flow territory.
Anyone in the industry understands that in the first year, cost of goods and payroll tend to run high. With this location now stabilized and operational efficiencies identified, the business is positioned to generate strong profitability under the right ownership.
Key Upside:
Gross sales already exceed $3.1M annually @ 6 days a week and are continuing to grow.
Streamlining operations, including reducing one of two cooks (not both required), will add approximately $130K to annual cash flow.
Reversing credit card merchant charges to the customer (now common practice across the industry) will add another $70K+ annually to cash flow.
With a hands-on, experienced operator, proper cost controls, and modest expense adjustments, this business has the potential to net $300K+ annually.
Favorable low rent compared to revenue.
Current owners have invested heavily into the FF&E, making this a fully turnkey operation ready for a new owner.
Financing:
Due to the financial history, this opportunity is not bankable, so a buyer will need to be self-funded. However, the seller is open to seller financing, depending on the offer and qualifications of the buyer.
Ideal Buyer:
This opportunity is best suited for an experienced, hands-on operator or hospitality group looking for a flagship fine dining restaurant with significant upside.
Highlights:
$3.1M+ in current annual sales and growing
Fine dining concept with established reputation
Strong team in place, with room for labor optimization
Significant investment in FF&E – turnkey setup
Prime location with favorable lease terms
Proven model now entering profitable phase
This is a rare chance to step into a high-grossing, fully equipped fine dining restaurant with tremendous upside. An experienced operator will recognize the value and the clear path to substantial profitability.
Listing Info
- ID
- 2412964
- Listing Views
Listing ID: 2412964 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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